Tag: Foreign exchange news
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Bond market recession gauge dips further into triple digits below zero after hitting four-decade milestone
One of the bond market’s most reliable indicators of impending recessions in the US dipped further into triple-digit negative territory on Wednesday, as Federal Reserve Chairman Jerome Powell reiterated the need for higher interest rates and a possible acceleration in the pace of bond yields. the interest rate hikes. The much-tracked spread between 2- and […]